Grafton
118 Groton Road
Listed by: Diane Masessa, Old Mill Properties REALTORS, Selling Office: NOBO Real Estate, Listing Courtesy of Prime MLS
$187,900
●
House -
Off Market
118 Groton Road
Hebron, NH 03241
1 Bed
1 Bath
860 Ft²
$1,190
Est. Monthly
7.01%
Cap Rate
About This Property
Cozy, Well-Maintained and Lovingly Owned by One Family for almost
40 Years...This Seasonal Cottage on one acre of land, is located in
Low Tax Hebron, NH and is just minutes to The Hebron Town Beach on
Pristine Newfound Lake, Sculptured Rocks and so much more!
The cottage offers a spacious great room, with cathedral
ceilings and adjoining deck, kitchen, living room with wood stove
for those cooler fall evenings, and a full bath. Also, take
advantage of the attic space for storage or potential additional
sleeping area. Last but not least there is a detached garage
for all the grown-up toys! Showings begin by appt. Tuesday,
September 26, 2023.
Unit Size
860 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$262
Property Type
House
Property Taxes
$86
HOA Dues
-
Year Built
1948
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (Prime MLS #4971071)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Feb 23, 2024 | Listed by NOBO Real Estate | $239,900 | |
| Listed by NOBO Real Estate | |||
| | |||
|
Do you want a place to get away and access to a beach without the large price tag? Come check out this well maintained seasonal cottage, located only one mile from Hebron Memorial Beach at Newfound Lake and four minutes from Sculptured Rocks Natural Area, known as the “New Hampshire Grand Canyon”. Situated on a one acre lot, the cottage offers different options for layouts, with a large living room and great room with cathedral ceilings, kitchen, one bedroom and a sleeping nook up the ladder, plus a full bath. Outside is low maintenance, with a drilled well and septic, plus a detached garage for additional storage, or possibly a bunkhouse. Taxes are less than $1,000/yr! Come check it out and image the possibilities!
| |||
| Dec 20, 2023 | Sold | ||
| Sold | |||
| Sep 21, 2023 | Listed by Old Mill Properties REALTORS | $224,900 | |
| Listed by Old Mill Properties REALTORS | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Grafton
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Listed by: Diane Masessa, Old Mill Properties REALTORS
Last Updated Date: 2023-12-20
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4971071
Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Last Updated Date: 2023-12-20
Last Checked: 6 hours ago
Data Source: Prime MLS, MLS# 4971071
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